Sign in Sign up for free

Last updated: 2 March 2023 at 5:45pm EST

Michael Pugh Net Worth




The estimated Net Worth of Michael T. Pugh is at least $494 Thousand dollars as of 15 September 2022. Mr. Pugh owns over 29,070 units of Carver Bancorp stock worth over $53,489 and over the last 9 years he sold CARV stock worth over $56,402. In addition, he makes $384,542 as President, Chief Executive Officer, and Director of the Company and Bank at Carver Bancorp.

Mr. Pugh CARV stock SEC Form 4 insiders trading

Michael has made over 4 trades of the Carver Bancorp stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 29,070 units of CARV stock worth $53,489 on 15 September 2022.

The largest trade he's ever made was exercising 29,070 units of Carver Bancorp stock on 15 September 2022 worth over $53,489. On average, Michael trades about 2,937 units every 235 days since 2015. As of 15 September 2022 he still owns at least 29,070 units of Carver Bancorp stock.

You can see the complete history of Mr. Pugh stock trades at the bottom of the page.





Michael Pugh biography

Michael T. Pugh serves as President, Chief Executive Officer, Director of the Company and Bank, a subsidiary of the Company. Mr. Pugh is President, Chief Executive Officer and a member of the Boards of Directors of Carver and Carver Federal, since January 2015. From January 2013 through December 2014, Mr. Pugh served as Carver’s President and Chief Operating Officer. In 2012, he was Carver’s Chief Revenue Consultant, focusing on redesigning its business strategy, management structure and related processes. A banking veteran of more than 26 years, Mr. Pugh has led teams of up to 600 associates in retail, business banking, commercial and residential lending, and call center operations. He has also been a critical leader in bank technology integrations, launched new lines of business, and executed new growth market strategies. Prior to joining Carver in August 2012, Mr. Pugh worked at Capital One, N.A., as Senior Vice President, Regional Executive and Market President of Eastern Maryland, Delaware and Washington, D.C. Mr. Pugh was responsible for revenue production, customer service, and bank operations for approximately 75 banking centers and $3 billion in deposits. In addition, he led Capital One’s community development strategy for 1,200 associates and eight counties. Before Mr. Pugh’s tenure at Capital One, he was a Senior Vice President, Retail Banking Executive for Citizens Financial Group, Charter One division. He led retail banking teams in the Michigan and Indiana markets with up to 67 banking centers. Mr. Pugh’s accomplishments included organically growing a new market by $400 million dollars in deposits and leading a team to become the number one Small Business Administration lender in Indiana. Mr. Pugh also serves as a board member of the New York Business Development Corp. (Executive, Audit, Loan, and Governance and Nominating Committees) and the Society for Financial Education and Professional Development (Board Chair, and Finance and Investment Committee).

What is the salary of Michael Pugh?

As the President, Chief Executive Officer, and Director of the Company and Bank of Carver Bancorp, the total compensation of Michael Pugh at Carver Bancorp is $384,542. There are no executives at Carver Bancorp getting paid more.



How old is Michael Pugh?

Michael Pugh is 48, he's been the President, Chief Executive Officer, and Director of the Company and Bank of Carver Bancorp since 2015. There are 13 older and 1 younger executives at Carver Bancorp. The oldest executive at Carver Bancorp Inc. is Pazel Jackson, 89, who is the Independent Director.

Insiders trading at Carver Bancorp

Over the last 17 years, insiders at Carver Bancorp have traded over $203,498 worth of Carver Bancorp stock and bought 20,662 units worth $162,388 . The most active insiders traders include Christina L Maier, Michael T. Pugh, and Deborah C Wright. On average, Carver Bancorp executives and independent directors trade stock every 170 days with the average trade being worth of $1,949. The most recent stock trade was executed by Craig C Mac Kay on 27 February 2024, trading 1,000 units of CARV stock currently worth $1,670.



What does Carver Bancorp do?

founded in 1948, and named for agricultural researcher and scientist george washington carver, carver federal savings bank formally began operations on january 5, 1949 on 125th street in harlem, providing local residents a place to save and obtain mortgages to buy homes in their own communities. in february 1961, carver opened its first branch in the bedford-stuyvesant section of brooklyn and continued expanding its operations in manhattan, brooklyn and queens into the 1990s. in 1994, carver bancorp, inc. became a publicly traded company and in 2007 was listed on the nasdaq stock exchange (carv). carver bancorp, inc. is the holding company of carver federal savings bank. today, carver is the largest african- and caribbean-american operated bank in the usa and channels its capital resources into underserved neighborhoods by reinvesting over 83% of its deposits into the communities we call home. the bank remains rooted in expanding wealth enhancing opportunities in the communities it ser



What does Carver Bancorp's logo look like?

Carver Bancorp Inc. logo

Complete history of Mr. Pugh stock trades at Carver Bancorp and Elevate Credit Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
15 Sep 2022 ELVT Elevate Credit Inc Michael T. Pugh
Option 29,070 $1.29 $37,500
15 Sep 2022
29,070 ↗
24 Aug 2021 CARV Carver Bancorp Inc. Michael T. Pugh
President and CEO
 Sale 3,036 $18.38 $55,802
24 Aug 2021
26,964 ↗
2 Sep 2020 CARV Carver Bancorp Inc. Michael T. Pugh
President and CEO
 Sale 100 $6.00 $600
2 Sep 2020
20,000 ↗
17 Aug 2015 CARV Carver Bancorp Inc. Michael T. Pugh
President and CEO
 Buy 100 $5.85 $585
17 Aug 2015
100 ↗


Carver Bancorp executives and stock owners

Carver Bancorp executives and other stock owners filed with the SEC include: